Relevant:
- Mortgage-Backed Securities Abuses Cause HSBC Pay $765 Million
- HSBC Faces Round Two of Subprime Punishment
- Vranos IPO to Buy Mortgage Debt Values Ellington at a Premium
- CDOs Flicker to Life With Babson, Deutsche Takeovers
- HSBC to Pay $550 Million to US Housing Authorities to End Mortgage-Related Suit
2007-11-08 — bloomberg.com
"HSBC Holdings Plc, the biggest U.K. bank, said it stopped sales and trading of mortgage-backed securities in the U.S. after the collapse of the subprime market forced it to close down two lending units."
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